We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

E-Business security in your organisation - Essay Example

Comments (0) Cite this document
Summary to essay on topic "E-Business security in your organisation"
My current company does not have an e-business initiative, so this evaluation is on e-gold, one of the online merchants with which this writer is familiar. Before conducting an evaluation of its e-business security, we begin with an outline of how e-gold operates.
Download full paper
Polish This Essay
E-Business security in your organisation
Read TextPreview

Extract of essay "E-Business security in your organisation"

Download file "E-Business security in your organisation" to see previous pages... It has over 3 million accounts, a quarter of which are active, and has total assets of $61 million (e-gold 4). For a decade-long company, it has not grown much compared to the largest online payment system, Paypal, which claims to do $60 million worth of transactions daily.
e-gold transactions are 100 percent backed by metal deposits and are not reversible,
Let us write or edit the essay on your topic "E-Business security in your organisation" with a personal 20% discount.. Try it now
which means that unlike credit card transactions, once a transaction is made there is no possibility that it can be cancelled. e-gold can be used to pay for transactions over other merchant websites and makes its money from maintenance fees that range up to 1 percent of the total transaction amount.
Based on personal experience, the website is easy to use, getting an account is fast, and the fees are reasonable. The website (www.e-gold.com) is open 24/7 so account holders can transact anytime and anywhere.
Users avail of e-gold for several types of transactions. They can have funds transferred to their e-gold account, and then have it transferred to a bank account in any currency using a reliable third party site like OmniPay or The Gold Shop.
A user does this by simply logging on to a personal e-gold account, "spend" the desired amount (say, $1,000 worth of e-gold) into OmniPay, take note of the spend batch number issued for the transaction, log out of e-gold, log in to OmniPay, and fill up a bank transfer form with instructions to OmniPay to transfer the $1,000 that was "spent" or sold less fees to any bank account anywhere in the world.
The funds take anywhere from two to five days to reach the bank account.
Users normally tested the system by transferring small amounts, and when it worked they began moving bigger amounts of money. When someone anywhere in the world wants to pay an e-gold account holder, they give instructions to pay via e-gold by buying the e-currency and "spending" the amount to the user's account.
The user can check his or her e-gold account from anywhere, even from a hot spot on a beach resort in the French Riviera, so they will know whether the payments have gone through or the funds have been transferred to the specified bank account. The user can then do transactions from there.
This writer has been using e-gold for over a year now, and is happy with the service. This is the reason why this analysis on e-business security was done on this company, which has been only too happy to oblige and share information with me for this paper.
Choosing the Standard
One problem with selecting a standard to evaluate the e-business security issues of a merchant website is that there are too many standards to choose from. The main reason is simple: the chosen standard becomes a cash flow machine for the firm that develops it.
There are several companies like Verisign, Oracle, IBM, and a host of other for-profit and not-for-profit institutions known by their acronyms: SEI, IETF, NIST, W3C, SAI, ISACA. The list is seemingly endless.
The Europe-based International Organization of Standards is known for its ISO standards, the more famous of which are the ISO 9000 series used by companies to document their total quality management programs (Arnold 15). The letters ISO/IEC prefix its standards, which are adopted in both the U.S. and Europe. The British Standards Institute (BSI) is a similar organization that has several years of experience developing working standards for many industries.
For these ...Download file "E-Business security in your organisation" to see next pagesRead More
Cite this document "E-Business security in your organisation"
  • APA
  • MLA
(“E-Business security in your organisation Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
E-Business security in your organisation Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/miscellaneous/1510993-e-business-security-in-your-organisation
(E-Business Security in Your Organisation Essay Example | Topics and Well Written Essays - 3000 Words)
E-Business Security in Your Organisation Essay Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/miscellaneous/1510993-e-business-security-in-your-organisation.
“E-Business Security in Your Organisation Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/miscellaneous/1510993-e-business-security-in-your-organisation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC "E-Business security in your organisation"
E-Business and e-Marketing
World Wide Web in the next Five Years World Wide Web or internet is found to have been growing at an exponential rate over the past many years. Most of the business processes conducted by different organisations all over the world are making use of internet in various forms.
17 Pages(4250 words)Essay
Usually the business plan serves as a “sales” document, in that it is selling the business to a prospective investor or to a finance provider such as a bank as a good investment/risk. The basic requirements for this function are the same, although the former will focus on a rate of return for the investor, while the latter will focus on the affordability of the loan required.
9 Pages(2250 words)Essay
in different and attractive combinations and flavours. The company has been associated with this industry since 1978 and is based out of Burlington, Vermont (Ben & Jerry, 2007). The company has its operations spread across all the major markets of the world.
16 Pages(4000 words)Essay
The impact of e-business on an organisation
The rapid globalization and modernization in the business world are forcing the companies to come up with new business models and new methods and techniques of working, which in return is changing the industrial world into a knowledge economy. The use of information technology in the business acts as a catalyst in the growth of the business.
38 Pages(9500 words)Dissertation
Organisation business
Consequently, a business should be taking all possible measures for improving employee performance. One of the concepts that is, by some scientists (Goleman 1998; Mayer and Salovey 1997 and others), believed to improve employees’ job performance is emotional intelligence.
8 Pages(2000 words)Essay
Cyber Threat in a Finance Organisation
Research scholars have tried to identify the nature and complexity of fraud in cyberspace. According to them, virtual environment gives the encouragement to cybercriminals to hack personal information of users to access the financial data because these hackers have a vague belief that no one is watching them committing a crime and no one can catch them.
12 Pages(3000 words)Essay
In e-Business, this methodology is well established when the products can be directly downloaded or delivered electronically - like e-Books, photographs, software, videos, journals, etc. However, the same is somewhat complex when the products are physical and need to be delivered by courier.
14 Pages(3500 words)Essay
E-Business in the United States
A common factor in this scenario is the role of technology. In fact, all the recent developments can be said to be technologically determinist. That is, it is the technology that is transforming economy and society, rather than the business processes to which technology is put to use.
20 Pages(5000 words)Essay
E-Business Strategy
To optimize its core purpose, like delivery of reliable products and services and making profit, it needs to have a strategic vision. The broad goals or objectives of a company dictate its strategy. Strategy acts as a guiding framework and also as a
18 Pages(4500 words)Essay
Business Organisation
The important aspect of the success is that he / she does not stop after achieving the goals or objectives but in fact set higher goals in order to achieve more. This idealism transformed the world into the one we are living today. With the evolution of the
10 Pages(2500 words)Assignment
Let us find you another Essay on topic E-Business security in your organisation for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us